---
title: "500 OCEAN Avenue #4B, Brooklyn, NY 11226"
description: "500 OCEAN Avenue #4B, Brooklyn, NY 11226 — NYC real estate listing on Real Estate Rebate Team. Priced at $750,000. Est. potential buyer savings up to $18,750 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/500-ocean-avenue-b-4B-ny-11226"
source: "Real Estate Rebate Team"
---

# 500 OCEAN Avenue #4B, Brooklyn, NY 11226

> **Listing Courtesy of:** Corcoran Group

## Description

500 Ocean Avenue, 4B Prospect Park South
 Bring your creativity and vision to this generously proportioned convertible four-bedroom home at 500 Ocean Avenue, offering the opportunity to customize a cooperative residence and create a home tailored to your lifestyle in Prospect Park South, Brooklyn.
 Whether you envision a spacious primary suite, a dedicated home office, or additional bedrooms, the exceptional space and versatile layout provides the flexibility to create a home that reflects your lifestyle, needs, and design aesthetic.
 From morning walks in Prospect Park, year-round activities at the Lefrak Center, performances at Kings Theatre or films at Nitehawk Cinema, this location offers convenient access to some of Brooklyn ' s best recreational, cultural, and transportation amenities, with seamless transportation via the Q train at Parkside Avenue.
 Why pay for someone else's design choices when you can create a home tailored to your own vision? Properties with renovation potential often offer greater value, less competition, and the opportunity to build equity through thoughtful improvements. For qualified buyers, renovation financing options may help streamline the process by combining acquisition and improvement cost into a one loan.
  Highlights:
   Flexible convertible four (4) bedroom layout  Exceptional opportunity ready for your vision Well-established and maintained co-op community  Desirable Prospect Park South location Convenient proximity to parks, transit, dining, shopping, and entertainment Renovation financing opportunities available  Create a home that reflects your vision, not someone else's choices.
  Contact us today to schedule a private showing or learn more about renovation financing options.

## Property Details

- **Price**: $750,000
- **Potential Buyer Rebate**: $18,750
- **Bedrooms**: 3
- **Bathrooms**: 1
- **Property Type**: Residential
- **Year Built**: 1931
- **Building**: 500 OCEAN Avenue
- **Neighbourhood**: Prospect Park South
- **Area / Borough**: Brooklyn
- **Subdivision**: Prospect Park South
- **Listing Office**: Corcoran Group
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$18,750** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/500-ocean-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/prospect-park-south)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.